Koreans Target Mexico, Andes to Increase LatAm FDI

Sep 17, 2013

Korean banks and companies see space for increased investment and lending to LatAm, with Mexico, Colombia, Chile and Peru offering the most attractive environments. While the country’s FDI and lending in the region is overshadowed by China’s and Japan’s, Koreans are aiming for a bigger role, particularly if more of the country’s banks beyond development lenders can get involved. “The Pena Nieto government is addressing structural reforms. Ongoing reforms will lay the foundation for development to which Korean companies and development banks...